You are respondng to an old post from somene who has only posted 9 times (post no 2 in this thread) - so if you don’t mind, perhaps I can answer your queries ?
The annswerto your first part is simpy that “that is what bubbles do !”
I think to answer that question in simple terms it is simply
“Then we would be wrong” !
However, I see no obvious evidence to lead us to a “positive outcome expectation” - Bearing in mind that the “Cryptos” are simply a device to propose a new “Medium of exchange” and it is not at all clear to me why we would need another one ?
Cryptos also exhibit a good many of the properties we associate with “Pyramid selling” and we know there are a few “Whales” in the pool of tiddlers (Bitcoin holders) and therefore we can probably expect the “Whales” to be selling in small quantities into teh “pool” in order not to flood the market until they themselves are fully “Sold” - when in traditional terms they would simply “Dump the market” allowing it to implode.